19
Feb
The Meghalaya Government expects to derive around Rs 27 crore additional revenue from lease holders of mines in the State who have been directed to pay the remaining of the 50 per cent stamp duty within March 31 on the close of the financial year. Chief Minister Conrad K Sangma, who chaired a cabinet meeting on Wednesday, said the direction was given as per a court order that mining lease stamp duty is not under the instrument of conveyance and hence mining lease holders will have to pay 100 percent stamp duty. He said the earlier interpretation was that the…
